Polco joins exclusive Moderne Ventures venture capital and growth equity firm industry immersion program.
Moderne Ventures, a strategic venture capital and growth equity firm investing in technology companies in and around the industries of real estate, finance, insurance and sustainability,announced its 2024 Spring Moderne Passport Class. The Moderne Passport Program is an intensive six-month industry immersion program providing its participants education, exposure, insight, and relationships to drive customer growth.
"At Moderne, we take a generalist approach to vertical investing, looking outside of our core industries to find technologies that can be applicable within them," saidConstance Freedman, Founder and Managing Partner at Moderne Ventures. "This latest Passport cohort includes technology innovators pushing the boundaries in predictive analytics, artificial intelligence, sustainability, government policy, pet insurance and last-mile delivery. We look forward to helping them gain exposure and grow their customer base in Moderne's industries."
The Moderne Passport program hosts companies of all stages – in this cohort, companies range from seed to Series C, and have raised over $678M+ in aggregate of funding with collective valuations of$1.3Bto date. The eleven companies are:
Abodu (abodu.com) – (Redwood City, CA):Transforming backyard space into livable homes for multi-generational households, aging in place, full time rentals, and more with beautifully designed and built accessory dwelling units
Acreto (acreto.io) – (Jersey City, NJ):Enterprise-grade cybersecurity platform that identifies, connects and protects any technology, anywhere
Companion Protect (companionprotect.com) – (Leawood, KS):Pet insurance and wellness plan administration trusted by property and casualty insurers, employee benefits providers, retail, residential real estate managers and animal shelter channel partners
Dimension (getdimension.com) – (San Francisco, CA):A fully digital platform that enables waste and recycling management of all waste streams and reduces carbon emissions
FluidLytix (fluidlytix.com) – (Dallas, TX):Intelligent water management that reduces water bills up to 30%
Polco (polco.us) – (Madison, WI):Modernizing interactions between constituents and governments. Polco's platform empowers constituents to engage with governments, and governments to make informed decisions based on constituent input with online polls, industry-leading research and performance data analytics
Proof (proof.com) – (Boston, MA):As a pioneer of remote online notarization with the largest network of professional notaries in all 50 states, Proof (formerly known as Notarize) is helping to secure the digital economy with notarization and identity verification services, making every transaction more seamless, less costly and more secure
Public Grid (onepublicgrid.com) – (Cambridge, MA):A smarter, green energy management platform that saves residential consumers money on electricity bills and reduces GHG emissions
Qloo (qloo.com) – (New York, NY):Advanced AI platform used to understand and predict global consumer tastes, unlocking advanced personalization, improved customer experiences, and data-driven marketing and growth strategies for companies
RealSage (realsage.com) – (Toronto, ON):AI-driven decision support system for asset owners and operators - consolidating data across the asset lifecycle from existing technologies to provide actionable insights and improve NOIs
The Rounds (therounds.co) – (Brooklyn, NY):Automated "inventory management" of recurring household essentials, delivering scheduled weekly refills via its own two-way last mile logistics network and using reusable packaging to maximize delivery efficiency and reduce waste
"This is our 19thModerne Ventures Passport class and we've now brought more than 125 companies through the program. We become an extension of the companies' business development teams, helping them hone their go-to-market strategies and open up new distribution channels across multi-trillion dollar verticals of real estate, finance, insurance and sustainability and our Moderne Network of 1500+ partners," notesCarolyn Kwon, Moderne Ventures' Passport Director.
